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Macfarlane withstands Woodside investor backlash over climate

Former Howard government minister Ian Macfarlane has been re-elected to the board of Woodside Energy, surviving a push by major investors to censure the company over its reporting of climate-related issues.

The oil and gas major also faced a shareholder backlash on its remuneration report – although the vote against was 20.99 per cent, short of the 25 per cent needed to record a first strike – at its annual meeting on Friday. The vote was held amid a heavy police presence and a protest in Perth.

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Brad Thompson was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/companies/energy/woodside-boss-hits-out-at-investor-intimidation-20230428-p5d3yx